China's Central Research On The Optimization Of Local Transfer Payments

The central government's transfer payment is an important way for China to ease the conflicts between the central and local property rights,?make up for the unbalanced development of the region and support the development of special tasks.The tax system greatly increased the central government's revenue and ensured the central government's macro-control,which increased the amount of financial resources of the central government and reduced the financial resources of local governments.However system is not in the process of the implementation of the ease of local government powers,the vast majority of expenditure responsibility shall be borne by the local government,even spending responsibility.The property of local governments is not matched by the right to do,making transfer payments an important way of dealing with inter-governmental relations.The transfer payments from the central government of China can divided into general transfer payments and special transfer payments.The central to local payments also have many probloms such as a low proportion of general transfer payments?the general transfer payment structure has a large amount of funds and special transfer payments,which are too large and too wide,and the special transfer payment structure has a chaotic problem.This paper draws on Japan's experience in the United States and Germany transfer payment,including financial governance division clear,the fiscal transfer payment project set specific goals and a variety of ways.The optimization of local transfer payment structure in China is a systematic project?demarcate the country's property rights and power and speed up the construction of local transfer payments?adjust the structure of special transfer payments and accelerate the construction of supporting measures for local transfer payments.